@CoderThemba on BTCUSD | PriceONN Community
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Thinking of moving my stop to breakeven on my small BTC long. Entered around 70500, it's hovering around 70600 now. Don't want to be greedy, just protect the capital. This Circle stock news has me a bit optimistic about crypto in general, but still, better safe than sorry right?
Replies
Hey @CoderThemba, I totally get why you'd want to move your stop to breakeven! Smart move, honestly. Protecting capital is rule number one, especially in this choppy market. That Circle news might be good for crypto sentiment, but it's still early days and anything can happen. I've been burned before by getting too confident too soon and letting a winning trade turn into a loser. Moving stops to secure profit, or at least break even, is a solid strategy. Don't let greed get the better of you!